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    Exam 21: The Simplest Short-Run Macro Model
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    FIGURE 21-1 Refer to Figure 21-1
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FIGURE 21-1 Refer to Figure 21-1

Question 113

Question 113

Multiple Choice

  FIGURE 21-1 Refer to Figure 21-1.If disposable income is zero,then A) autonomous desired consumption is 0A. B) autonomous desired consumption is 0Y<sub>1</sub>. C) desired consumption must also be zero. D) the level of desired saving will be 0A. E) autonomous desired saving will be 0A. FIGURE 21-1 Refer to Figure 21-1.If disposable income is zero,then


A) autonomous desired consumption is 0A.
B) autonomous desired consumption is 0Y1.
C) desired consumption must also be zero.
D) the level of desired saving will be 0A.
E) autonomous desired saving will be 0A.

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